Howe & Rusling Inc. Invests $177,000 in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA)

Howe & Rusling Inc. acquired a new stake in JPMorgan US Quality Factor ETF (NYSEARCA:JQUA) during the 4th quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 3,082 shares of the company’s stock, valued at approximately $177,000.

Several other institutional investors and hedge funds have also bought and sold shares of JQUA. FPC Investment Advisory Inc. purchased a new position in shares of JPMorgan US Quality Factor ETF during the 4th quarter valued at $29,000. CENTRAL TRUST Co purchased a new stake in JPMorgan US Quality Factor ETF during the fourth quarter valued at about $47,000. Abound Wealth Management purchased a new position in shares of JPMorgan US Quality Factor ETF in the fourth quarter worth about $55,000. Fortitude Family Office LLC increased its stake in shares of JPMorgan US Quality Factor ETF by 45.8% in the fourth quarter. Fortitude Family Office LLC now owns 1,750 shares of the company’s stock worth $100,000 after purchasing an additional 550 shares in the last quarter. Finally, New Republic Capital LLC bought a new stake in shares of JPMorgan US Quality Factor ETF in the fourth quarter valued at approximately $107,000.

JPMorgan US Quality Factor ETF Trading Down 0.2 %

JQUA opened at $57.05 on Friday. JPMorgan US Quality Factor ETF has a 12 month low of $49.61 and a 12 month high of $60.79. The company has a market cap of $5.54 billion, a PE ratio of 24.30 and a beta of 0.95. The company has a 50 day moving average of $58.74 and a 200 day moving average of $57.95.

JPMorgan US Quality Factor ETF Cuts Dividend

The business also recently declared a dividend, which was paid on Thursday, March 27th. Stockholders of record on Tuesday, March 25th were issued a $0.1591 dividend. The ex-dividend date was Tuesday, March 25th.

About JPMorgan US Quality Factor ETF

The JPMorgan U.S. Quality Factor ETF (JQUA) is an exchange-traded fund that is based on the JP Morgan US Quality Factor index. The fund selects companies from the Russell 1000 using three quality factors: profitability, earnings, and solvency. JQUA was launched on Nov 8, 2017 and is managed by JPMorgan Chase.